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September 13, 2023

Looming End To Billions In Childcare Funding To Strain RTO Push
With So Many Warehouses Coming Online, How Are Industrial Brokers And Owners Wooing New Users And Tenants? Learn More Nov. 8

Employers are drawing a hard line in the sand this fall on the return to the office, with the number of new policies rising and enforcement ramping up.  

But just as companies are rolling out a renewed effort to bring people back in person, a major source of federal funding is set to run out that could additionally stifle progress for a particular segment of the employee base: women.

Looming End To Billions In Childcare Funding To Strain RTO Push

A $24B federal funding program created by the American Rescue Plan Act to support childcare programs that were struggling during the pandemic is set to expire at the end of September.The disappearance of this funding is estimated to put more than 70,000 childcare programs in danger of closing and 3.2 million children in jeopardy…

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Amazon Opens Billion-Dollar Fifth Avenue Office Amid Hardened In-Person Work Stance

Three years after buying the former Lord & Taylor department store building from WeWork for nearly $1B, Amazon officially opened its new Fifth Avenue office building Tuesday for a markedly changed workplace. 

Amazon Opens Billion-Dollar Fifth Avenue Office Amid Hardened In-Person Work Stance

The e-commerce giant put its three-day-a-week office policy into effect in May, with the company now reportedly tracking employee locations and contacting those who are suspected of working remotely too frequently.At the official opening of the 600K SF building at 424 Fifth Ave. Tuesday morning, attended by New York…

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Mattress Firm, Former Colliers Broker Finally Settle Dispute Over Alleged Bribery, Kickback Scheme

One of the world's largest mattress retailers has put to bed its lawsuit against two former executives and a former Colliers Atlanta retail broker after a six-year legal battle. 

Mattress Firm, Former Colliers Broker Finally Settle Dispute Over Alleged Bribery, Kickback Scheme

Mattress Firm settled its legal saga against its former real estate heads Bruce Levy and Ryan Vinson, as well as its former retail broker Alex Deitch, after filing a lawsuit against the trio in 2017, claiming they steered the company toward high-priced real estate in exchange for developer kickbacks and other incentives…

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The Next Life Sciences Hot Spot Could Be In Columbus, Ohio
The Next Life Sciences Hot Spot Could Be In Columbus, Ohio  

It is already a center of retail development, logistics and growing demand for data centers. But Columbus, Ohio, believes its next evolution may be as a burgeoning biotech hub. A CBRE report on the city’s growth potential in the field lauds its “strong balance of talent/education, employment and funding.”

“Cell and gene therapy has exploded,” said David Morgan, a vice president with CBRE in Columbus. “And now, once technologies are spun off, they can stay in Columbus rather than relocating.” 

Like many growing life sciences hubs such as Houston, talent is the key driver for growth, due in large part to institutions such as Ohio State University and Nationwide Children’s Hospital, which has pioneered a number of  new gene therapy treatments. Over the previous five years, 8,700 students…

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